All other things equal yieldtomaturity10 which of the follow
All other things equal (yield-to-maturity=10%), which of the following has the longest duration?
(A)A 21-year bond with a 10% coupon.
(B) A 20-year bond with an 11% coupon.
(C) A 21-year zero-coupon bond yield 10%.
(D)A 20-year zero-coupon bond yield 11%.
Solution
this is quite straigh forward answer
(C) A 21-year zero-coupon bond yield 10%
is correct answer !!!!!!!
